Radware acquires 15-employee API security startup Pynt in deal valued at tens of millions | CTech
Summary
Radware acquired Pynt, an Israeli API security startup of about 15 employees, in a transaction market sources estimate at tens of millions of dollars. Pynt developed an API security testing platform to identify vulnerabilities and enable continuous security validation, and its founders and core team will join Radware. Pynt had raised roughly $6 million to date and achieved rapid global adoption since its 2022 founding. Radware says the deal strengthens its API security capabilities and Israeli presence and will integrate Pynt's testing with its runtime protection and threat intelligence.
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